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Updated over 5 years ago,
First time investor for real estate
Hi all
I have gathered money and courage to do my first real estate investment. I can not afford in my local area so I have selected Austin round rock . I have visited and short listed areas but I keep getting confused. So want some local help. Goal is to get 0-100$ cash flow with some price appreciation in 5-7 years.
-is condo a worth buy there or is considered not good for renting out ? I see some in brushy creek area in my affordable range which has great schools.
-I also see new home development near dell from kb homes green lawn village in my range but schools not good .
Apart from that, I wanted to know how is others experience in renting it out after buying in that area? Does it get rented out easily in current time ? If not then What are the factors I should keep in mind while selecting my property in that area so that it gets rented easily ?